1106: Ask Farnoosh: Should I Buy or Lease a Car?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 9 October 2020

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

**This episode of So Money is sponsored by Auto Navigator from Capital One.** Today we're answering your money questions related to buying a car, a deep-dive on all-things auto. The fact is many of us are shopping for a new set of wheels these days. Sales of new vehicles are up big time, thanks to extremely low interest rates and rising demand from those who want an alternative to buses, trains and taxis…and more freedom to get around. Given this trend, I thought it would be helpful to dedicate an entire Friday show to providing advice and strategies for securing a great auto deal in today's market. I've recently partnered with Capital One and I'm excited to soon bring on Dave Kang, the CMO of Capital One’s Consumer Auto Finance, for his insights. We discuss: When leasing may make more sense than buying a car? Should I buy a new car or used? How to best negotiate in this economy? To check out Capital One's AutoNavigator tool described on the episode, visit www.capitalone.com/cars. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So Money episode 1106, Ask Farnuish, all things auto.
0:05.0	You're listening to So Money,
0:08.0	with award-winning Money Guru Farnu Farnu Karabi.
0:11.0	Each day, get a 30 minute dose of financial inspiration from the world's top
0:15.1	business minds, authors, influencers, and from Farnus herself. Looking for ways to save on
0:21.8	gas or double your double coupons?
0:24.0	Sorry, you're in the wrong place.
0:26.0	Seeking profound ways to live a richer, happier life.
0:29.0	Welcome to So Money.
0:32.0	This episode of So Money Money.
0:32.9	This episode of So Money is sponsored by Auto Navigator from Capital One.
0:37.7	Welcome to So Money, everybody.
0:38.9	I'm your host, Farnush Tarabi.
0:40.6	It is Ask Farnush, October 9th, 2020.
0:44.4	And we're dedicating this entire episode
0:46.9	to answering the questions that you have been sending
0:49.6	in about purchasing or leasing a new car.
0:54.1	We're doing a deep dive on all things auto
0:56.4	because really a lot of us are shopping
0:58.4	for a new set of wheels these days, right?
1:00.2	Sales of new vehicles are a big time. I think that's partly thanks to low interest
1:04.3	rates. There's also rising demand from those of us who want an alternative to
	...

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